Topics

The rate of growth of the tertiary sector has been :


A) higher than the overall rate of growth of the net domestic product

B) lower than the overall rate of growth of the net domestic product

C) same as the overall rate of growth of the net domestic product

D) fluctuating when compared to growth of the net domestic product

Correct Answer:
A) higher than the overall rate of growth of the net domestic product


Part of solved Fiscal System questions and answers : General Knowledge >> Economy >> Fiscal System




Comments
No comments available




Similar Questions
1). Since independence, both development and non-development expenditures have increased, the increase in the former being a little more than in the former being a little more than in the other. Non development expenditure involves :
1. interest payment 2. subsidies
3. defence 4. irrigation
A). 1 and 2
B). 1 only
C). 1, 2 and 3
D). 2, 3 and 4
-- View Answer
2). Which among the following formulates fiscal policy ?
A). RBI
B). Finance Ministry
C). SEBI
D). Planning Commission
-- View Answer
3). Which among the following is the regulatory authority for giving clearance for
External Commercial borrowing ?
A). Foreign Investment Promotion Board
B). RBI
C). SEBI
D). Foreign Investment Promotion Council
-- View Answer
4). The Zero Base Budgeting in India was first experimented from :
A). April, 1987
B). April, 2000
C). April, 1991
D). None of these
-- View Answer
5). The prices at which the government purchases food grains for maintaining the public distribution system and for building up buffer stocks are known as :
A). Minimum Support Prices
B). Procurement Prices
C). Issue Prices
D). Ceiling Prices
-- View Answer


6). Who is the chairman of 12th Finance Commission ?
A). C. Rangarajan
B). M.N. Vohra
C). Bimal Jalan
D). Vijay Kelkar
-- View Answer
7). For personal income tax, Kelkar in his final report recommends tax-free income up to the annual income of :
A). Rs.50000
B). Rs.750000
C). Rs.100000
D). Rs.150000
-- View Answer
8). 'Balanced Growth' means :
A). growth which brings about a balance between the rich and the poor
B). growth which brings about a balance between the public and the private sectors
C). growth which brings about a balance between the traditional and modern sector
D). growth pattern on which simultaneous investments are made in all the sector
of the economy, viz., agriculture, industry, transport, communication, etc.
-- View Answer
9). Increase in Oil Pool Deficit implies :
A). increasing gap between international and domestic oil prices
B). domestic oil price is comparatively more than international price
C). government's Fiscal Deficit goes up
D). none of these
-- View Answer
10). Dear Money Policy implies :
A). high price level
B). large money supply
C). high production
D). high interest rates
-- View Answer
Home About Us Terms and Conditions Privacy Policy Contact us